Have you seen pump prices coming down yet? Oil reached $139/ barrel last week and now stands below $110 and falling.
It's always the way, prices rocket at the pump once the price of a barrel goes up. It then takes weeks for any drop, the claim being that the petrol in the pump was bought at the higher price - still a rip off.
I'm not a big fuel user. Last time I filled up was a month ago at £1.30-ish, the time before was back when it was £1/litre! Last time I bought diesel on the marina it was 70p/litre... it's now £1.55 and that's for red but my tank is already almost full. Yeah, I'm not holding my breath for prices to fall but I do my best to insulate myself by not using any! It's only 3 miles to Tesco - we walk.
I paid £1.79 per litre at shell last night as going away next week and was worried I wouldn't be able to afford it.
Yes I’m saving them up for some wincyette sheets for the cab bunk but a tad concerned I may slide out of bed. Do you have any sage words?
This... is nuts! https://www.kentonline.co.uk/whitst...y-boat-to-petrol-station-than-fill-up-264222/ The seventh-generation fisherman summoned the help of a boat transporter on Friday to take his vessel, called Holladays, to a local BP petrol station in protest. "It’s cheaper for me to get my boat craned out of the water, cut the mast down, put it on a lorry and bring it to (the petrol station) and fill it up with white diesel," he said. "I can claim the VAT and road duty back so that works out at about 80p to 90p per litre (for white diesel) depending on the day. "Red diesel is normally about that price and we can claim back 11p of fuel duty so it should work out at the same price. "But we are getting quotes of between 130p and 160p per litre for red diesel (before duty is taken off). The price of diesel at the Dargate BP petrol station (coastbound) on the New Thanet Way on Friday at noon was 185.9p per litre. For Mr Attenborough, this worked out at 90.7p per litre minus fuel duty (57.95p per litre) and the 20% standard rate of VAT. "My fuel bill has gone up from £80 a day to £170 a day," he added. "We used to say we had to make £500-a-day to make it a viable business - to cover fuel, crew and the cost of the boat. Now, we’re talking £900-a-day." The fisherman says deliveries of red diesel can take up to three weeks as next day delivery is not guaranteed. He added: "How can you run a business not knowing when your fuel is going to turn up?" "They won’t give you an actual price until the day before delivery." Mr Attenborough says he fills his boat up with about 2,500 litres of diesel, which would be - following fuel duty deductions - £2,250 for white diesel at 90p per litre, compared with £3,500 for red diesel valued at 140p.
I was talking to mate recently and bemoaning the tax % in our petrol prices. I was surprised that it's gone down recently according to this chart...could have knocked me over with a feather! https://www.racfoundation.org/data/taxation-as-percentage-of-pump-price-data-page